Although I haven’t made the 2013 IRA contribution yet, I went ahead with buying my quota for $10,000 worth of I Bonds for 2013. You don’t have to wait until the end of the month if you want to earn a tiny bit of interest. You can schedule the purchase now. See the post from last year: How To Buy I Bonds On a Future Date in TreasuryDirect.
Paying Off Mortgage Versus I-Bonds by Michael at Long-Term Returns
All the love for I Bonds can’t outweigh a 4.38% mortgage on a rental property. I wonder if the mortgage can be refinanced down to below 3%? Maybe not for a rental?
REITs: A word of caution by Joe Davis at Vanguard Blog
I sold my REITs ETF, not because I read one article and I think they are too hot or overvalued but because I’m moving gradually toward a simpler portfolio. I used to have a foreign bonds fund, a microcap stocks fund, and a commodity futures fund. I trimmed those already.
The End of Estate Planning? by Joe at JoeTaxPayer
Is a trust a cool thing everyone has? I don’t have one. Maybe I won’t need one.
Inflation Hedges by Michael at Long-Term Returns
Investors do tend to look for inflation hedges because inflation is a huge enemy to one’s accumulated wealth. Here I disagree with the author about TIPS. TIPS prices day-to-day or month-to-month may not have a high correlation with inflation but the redemption values have a direct 1:1 relationship with inflation.
New Internet Banks Often Neglect ACH Transfers – Why This Is a Mistake by Ken Tumin at DepositAccounts.com
Not only new Internet banks. Old brick-and-mortar banks too! Having opened accounts at several different banks last year, I see the banks’ ACH transfer features vary greatly. A bank that doesn’t offer free, efficient ACH in-and-out with multiple linked accounts does not qualify as my primary bank.
Why Healthcare Costs Will Continue to Climb and My Healthcare Plan at I Am 1 Percent
I don’t agree with the author’s plan but I agree with his observations. We must stop giving a blank check to the health care industry. That means letting providers compete on price and effectiveness, instead of saying "whatever it takes; I’m not paying anyway."
Despite Promise, Federal Tax-Refund Debit Cards a No Go by Ann Carrns at New York Times Bucks Blog
I’m surprised by this sidebar bit of info in the article. Lower income unbanked taxpayers pay $150-$400 to tax preparers for doing their tax returns. Meanwhile we have higher income households buying tax software on sale under $50. It’s expensive to be poor.